Bank deposits in Thiruvananthapuram district Rs 38,930 crore

Published: 27th December 2012 09:42 AM  |   Last Updated: 27th December 2012 09:42 AM   |  A+A-

Bank deposits in Thiruvananthapuram district have touched Rs 38,930 crore while advances have reached Rs 27,608 crore.

 The Credit-Deposit ratio for the district  as on  September 30 was 71 per cent, as per statistics released at the district-level review committee meeting on banking here on Wednesday.

 Under the District Credit Plan for the year 2012-13, financial institutions in the district disbursed Rs 2889 crore under three major sectors of priority sector against the target of  Rs 6452 crore, which shows an achievement rate of 45 per cent.

 In the agricultural sector, banks disbursed Rs 1,233 crore against a target  of Rs 2,792 crore, an achievement rate of 44 per cent. In the service sector, the banks disbursed Rs 1501 crore against the target of Rs 3151 crore. In the non-farm sector, which includes MSME credit, disbursement is Rs 154 crore.  TDCB and SCBs together disbursed Rs 652 crore against a target of Rs 1,675 crore (39%).

 The meet was told that Thiruvananthapuram  district was rated first in the state  under all seven parameters in the implementation of MGNREGS. Detailed review on developmental schemes implemented in the district, including SGSY, MGNREGS and other schemes were reviewed.

 District Collector K N Satheesh presided over the function.

C Haridas, Chief Regional Manager of IOB and convenor, Lead Bank, delivered the introductory address. K Ravindran, Manager, RBI, and S Sajeev, Manager, NABARD, reviewed the performance of banks.

 V R Muralidhar, Lead District Manager, Deputy/ Assistant General Managers of various banks and officers of various  government departments participated in the deliberations.

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